Wednesday, August 22, 2018

The $3,000,000 Ethereum Jackpot You Literally Just Slept On

Round 2 is already underway with 5.5K ETH ($1.5M) seeded from the previous jackpot, up to 6.4K ETH already as of this posting. 🚀🚀

What does this all mean? It means that a crazy new Ethereum-based game that many largely wrote off as a Ponzi scheme actually paid out exactly like the smart contract promised it would.

Seeing how it took an inordinate amount of patience, ETH, and luck, the game is more akin to a lottery - one in which you earn dividends on your shot to win big. And if you hold P3D - the evolutionary smart contract financial ecosystem that receives dividends from the game - you earned dividends there as well. Think about all the suckers who buy into lotteries around the world who don't even get divs...

Justo put it best in his embedded picture in this tweet: Just imagine withdrawing 10,469 Ethereum... (for only $0.15 in fees at that - take that, Big Centralized Banks!).

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What - and WTF - is Blacks In Bitcoin?

This is a blog devoted to following and discussing the development of the revolutionary bitcoin protocol, which has often been called "the Internet of money."

Everyone is welcome to visit and participate here.

Why Blacks In Bitcoin?

Having been an advocate of bitcoin since March 2013, I've found that there isn't a lot of education in minority communities about this exciting new technology. I want this to be a resource for everyone, particularly economically underserved communities, to learn more about bitcoin, as well as to network and discuss its future.

Also, if I didn't have an outlet for my bitcoin obsession, I'd spontaneously combust.